Plan Ledger DOL Form 5500 · updated monthly

Steel River Systems, LLC401(k)

STEEL RIVER SYSTEMS, LLC 401(K) PLAN · ROCK FALLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.40%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Steel River Systems, LLC reported $3,193 in plan administrative expenses for 2024: 0.40% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,893 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (3,524th of 3,702), and 2,260th of 2,534 in administrative & support services. In 2024, the employer put in $3.60 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$753,269
Participants with balances71
Active participants39
Employer contributions$229,841
Employee contributions$63,915
Employer contribution per active participant$5,893
Average account balance$10,609
Benefits paid to participants$482,758
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MGMT CONSULTING
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,193
Total administrative$3,193
The Steel River Systems, LLC 401(k) match · 2024
Employer contribution per active participant$5,893
Median for plans this size$540

Steel River Systems, LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PENTEGRA SERVICES INC · Contract administrator$11,183

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$3,193 · 0.40%
Similar plansAdministrative & Support Services · Illinois
Essclean Inc IL$1.1M · 0.91%
Bee Line Support, Inc. IL$818K · 1.40%
Altastaff, LLC IL$439K · 0.08%
Galfab Holdings Inc. IL$392K · 0.50%
Metro Staff Incorporated IL$369K · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810751030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.